Losses
-€12,387 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Smart One
Lifetime
8 annual accounts with figures on one time axispeak €51,714 (2020)
€17,267▼ 29.0%
lowest -€9,820 (2025)
-€9,820▼ €7,253
peak €374,973 (2021)
€358,150▼ 2.7%
€13,305▲ 62.7%
Board2 names since 2018
1 directorVANNESTE Krist
Documentsfilings and deeds
10-02-202610 days late
2025micro format
Gross margin from €24,319 to €17,267Loss of €9,820Debts from €8,177 to €13,305
Key points
from the 2025 annual accountsChecked score
87
Excellent
Financially stronger than 51% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.3%▼ -0.1 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.3%▼ -0.1 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.1 percentage points vs 12-2025
02-2026: 0.5%▲ +0.1 percentage points vs 01-2026highest value
03-2026: 0.3%▼ -0.2 percentage points vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.2%▼ -0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 16.69, cash €2,467
Loss of €9,820, the second in a row (financial year 2025)
lowers risk
Size: total assets €384,781
No main activity registered
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 42% on liquidity, 43% on profitability and 36% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as Smart One has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Smart One itself is lower: 0.2% within 12 months. It rests on far more data about Smart One than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for Smart One. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 16.69 (31.91 in 2024), above the usual 1.5. Short-term debt is 3.1% and cash 0.6% of total assets. 6.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-02-2026, 10 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
10 days late
2024
42 days early
2023
1 day early
2022
on the day
2021
4 days late
2020
2 days early
2019
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 5 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0688887070
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Lendelede
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Lendelede
Environmental permit granted
Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging · Lendelede
Official details
Source: KBO- Status
- Active since 25-01-2018Normal situation
- Activity
- “Het aanleggen,het ordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot…” (deed in Dutch)From the articles, 27 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.273.167.9778860 Lendelede, since 25-01-2018
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Insights on Smart One
Smart One files the micro format. That format states no turnover. The gross margin fell from €19,343 in 2018 to €17,267 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Smart One
- What is the company number of Smart One?
- The company number of Smart One is 0688.887.070. The VAT number is the same number with BE in front: BE 0688.887.070.
- Where is Smart One based?
- The registered office is at Sint Jozefsstraat 14, 8860 Lendelede.Company details
- What is the legal form of Smart One?
- Smart One is a private limited company (BV).
- When was Smart One founded?
- Smart One was founded on 25-01-2018.
- Is Smart One still active?
- Yes, Smart One is an active enterprise in the KBO register.
- What is the turnover of Smart One?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €17,267 and 6,299 comparable companies of the same size. It probably lies between €60,000 and €320,000. It is a rough estimate.Financials
- Is Smart One profitable?
- In financial year 2025, Smart One made a loss of €9,820.
- Where can I find the annual accounts of Smart One?
- Smart One filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Smart One due?
- Smart One must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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